BENEFITS OF FILING ITR ON TIME

PROOF OF INCOME & A FINANCIAL RECORD

ITR Serves as a legal proof of your income and an useful financial document. It is an employment proof also.

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EASY LOAN APPROVAL

Banks demand your past ITRs at the time of giving loans or credit cards. It helps them evaluate your credit worthiness. Non-availability may reject the loan application.

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QUICK VISA PROCESSING

If you are travelling overseas, income proof would be required. Most embassies & consulates require your tax returns for the past couple of year at the time of visa application.

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HIGHER LIFE INSURANCE COVER

ITR acts as a proof income and proper compliance of tax laws, which helps you get a higher life insurance cover, Whenever required.

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ITR would help you claim the refunds of the excess TDS deducted on your income and investments. It is compulsory to file ITR to seek Refunds.

ITR would help you claim the refunds of the excess TDS deducted on your income and investments. It is compulsory to file ITR to seek Refunds.

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SET OFF AND CARRY FORWARD LOSSES

It is mandatory to file ITR, to carry forward the unadjusted past losses, and set them off with the income in the subsequent years.

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